03/31/2015 04:25 PMRadioShack co-branding of stores with Sprint wins court approval
(Reuters) - A plan to salvage RadioShack Corp’s business by co-branding most of its 1,740 surviving stores with cellular phone provider Sprint Corp earned U.S. bankruptcy court approval on Tuesday, ending four days of contested court hearings.

03/31/2015 04:12 PMOil extends losses on Iran talks; Brent ends March down 12 percent
NEW YORK (Reuters) - Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12 percent for the month, as world powers entered into intense negotiations with Iran for a nuclear deal that could bring more of its oil to an oversupplied market.

03/31/2015 04:11 PMWall St. falls after rally; S&P, Nasdaq up for quarter
NEW YORK (Reuters) - U.S. stocks ended near their session lows on Tuesday, in a retreat from the previous session's sharp rally, but the S&P 500 and the Nasdaq Composite posted their ninth consecutive quarter of gains.

03/31/2015 03:01 PMVivendi employees back Bollore against activist challenge
PARIS (Reuters) - Vivendi employees have come out in support of chairman and largest shareholder Vincent Bollore and have opposed a call by a U.S. hedge fund to sell one of the French media group's two remaining businesses.

03/31/2015 02:42 PMEU regulators query Luxembourg on McDonald's tax deals: source
BRUSSELS (Reuters) - European Union antitrust regulators have asked Luxembourg for information on its tax rulings for McDonald's after labor unions accused the U.S. fast food chain of avoiding taxes, a person involved in the issue said on Tuesday.

03/31/2015 12:58 PMHP and Autonomy co-founder Lynch sue each other in London
LONDON (Reuters) - Hewlett-Packard Co has lodged a claim in London against Michael Lynch and a former colleague for damages of about $5.1 billion over their management of Autonomy, the company it bought in 2011.

03/31/2015 12:53 PMU.S. consumer confidence, house prices offer hope for economy
WASHINGTON (Reuters) - U.S. consumer confidence rebounded strongly in March amid optimism over the labor market while house prices increased in January, hopeful signs that a recent sharp slowdown in economic activity was probably a blip.

03/31/2015 11:51 AMGreece fails to reach initial deal on reforms with lenders
ATHENS (Reuters) - Greece failed to reach an initial deal with the European Union and the IMF to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday.

03/31/2015 09:17 AMComcast to form investment company with CFO at helm
(Reuters) - Comcast Corp , the largest U.S. cable operator, will form a company to invest in growth-oriented companies both in the United States and international markets, and it said its finance chief would leave his post and head the new company.

03/31/2015 09:13 AMStrong case for June rates liftoff, says Fed's Lacker
RICHMOND, Va. (Reuters) - The Federal Reserve will have a "strong" case to hike U.S. interest rates in June, a hawkish Fed official said on Tuesday, dismissing recently weak economic data as transitory and perhaps due to unseasonable weather.

03/31/2015 09:04 AMVatican near deal on financial information sharing -source
VATICAN CITY (Reuters) - The Vatican and Italy are close to reaching an agreement to share financial and tax information in the aim of cracking down on money-laundering and other illicit behavior, a senior Vatican official said on Tuesday.

03/31/2015 08:33 AMPrudential's departing CEO Thiam earned $17.5 million in 2014
LONDON (Reuters) - Prudential paid outgoing chief executive Tidjane Thiam 11.8 million pounds ($17.45 million) in 2014, a 35 percent increase on his 2013 compensation, following a bumper incentive plan payout in his final year in charge.

03/31/2015 04:09 PMBuy an LG G3 in the US, get a free VR headsetLG's new mobile VR headset -- which is basically just a plastic version of Google's cardboard VR viewer -- is finally hitting American shores. The company just announced that it'll be throwing in a free headset, simply called the VR for G3, with the ...

03/31/2015 03:40 PMFlickr gives you the choice to put photos in the public domainFlickr has long had ways to let others use and tweak your photos, but if you want to give up your copyright altogether? You can now do just that. In the wake of Elon Musk releasing SpaceX's photos to public domain, Flickr has added options for public...

03/31/2015 03:08 PMPatent reveals GoPro's working on a 'square profile' camera designGoPro doesn't make square, cube-like cameras, but if it did, the picture (after the break) is probably what they'd look like. The image comes from a patent granted to GoPro today. The protection covers a "Camera housing for a square-profile camera," ...

03/31/2015 02:30 PMJXE Streams: Boldly exploring space in 'Sid Meier's Starships'Sid Meier scares the crap out of me. I'm deeply familiar with the famed strategy game creator's resume -- from the history-spanning Civilization series to the high seas simulations in Sid Meier's Pirates! -- but I've only ever played one of his games...

03/31/2015 02:00 PMMacBook Pro with Retina display review (13-inch, 2015)Nope, it's not the new MacBook. That review will need to wait until next month. What we have here is the 13-inch MacBook Pro with Retina display. For all intents and purposes, it's the same one we last tested in late 2013, except for one important th...

03/31/2015 01:45 PMCharter buys a cable company to make up for losing Time WarnerCharter lost out on its chance to snatch Time Warner Cable before Comcast made its move, so it's settling for the next best thing. The company just unveiled plans to acquire Bright House Networks, a cable provider that's mostly big in Florida, for ab...

03/31/2015 01:24 PMMicrosoft technology gives Seattle 5,000 times faster public WiFiTechie culture-vultures aren't likely to encounter Vine upload fails anymore at Seattle's home to arts, culture and the Space Needle thanks to Microsoft. The city's biggest patron has installed a new WiFi service at the Seattle Center that uses new t...

03/31/2015 01:00 PMGoogle reveals budget Chromebooks including a $249 ASUS convertibleLadies and gentlemen, get ready for some new Chromebooks. Yep, Google has just announced four new Chrome OS laptops, all of which lean toward the budget-friendly end of the spectrum. They are the ASUS Chromebook Flip, the ASUS Chromebook C201, the Hi...

03/31/2015 01:00 PMGoogle puts Chrome OS on your TV with its own HDMI stickGoogle has unveiled a whole new type of Chrome device, and it's one that can fit in your pocket. It's called the Chromebit, and it's essentially a Chromebook crammed in a dongle. This tiny little package contains a Rockchip 3288 SoC, 2GB of RAM, 16GB...

03/31/2015 01:00 PMBSXinsight's calf-worn workout intensity sensor is now availableWhen you're doing an exercise upon yourself, your body generates lactic acid, the levels of which are considered to be the most accurate way to measure your performance during a workout. Unfortunately, you can only test lactate levels with a blood te...

03/31/2015 12:41 PMThe Big Picture: Gorgeous shot captures a drone's fiery flightPhotographer Calder Wilson added an explosive new method to his long exposure "light paintings" earlier this year when he was struck by a brilliant notion: Strap some leftover New Year's fireworks to the back of a UAV, light them up and then lift off...

03/31/2015 12:22 PMRelax: De La Soul's album's already smashed its Kickstarter goalDe La Soul love sampling, so much so that they feel as if a whole branch of copyright law was invented just for them. The sample-heavy trio (for three is the magic number) didn't want to have to compromise their artistic vision for their ninth album,...

03/31/2015 11:45 AMGoogle Maps turned your streets into Pac-Man todayYour streets can be an iconic arcade game right now. Google Maps has a Pac-Man option just in time for April Fool's Day. With the click of a button, your streets will be dotted with yellow pellets and the four famous ghosts. New York City, with its p...

03/31/2015 11:28 AMCourt rules that UberPOP cars can still pick you up in ParisUber's Paris headquarters were recently raided by 25 policemen, but a court has now ruled that its disputed UberPOP service is actually honky-dory -- for now. The company's low-cost ridesharing option uses non-professional drivers, a practice that Fr...

03/31/2015 11:22 AMRe-order everyday items from Amazon with the 'Dash Button'Amazon is rolling out the Dash Button, a physical device that allows customers to re-order items like toilet paper, diapers and laundry detergent as soon as they run out, with a simple press. The Dash Button is adhesive, and when pressed, customers r...

03/31/2015 10:35 AMLG and Samsung end their war over broken washing machinesLG and Samsung just can't stay mad at each other over a few broken washing machines. The two electronics giants have agreed to end the legal disputes that emerged after Samsung accused an LG exec of willfully wrecking its washers at the IFA trade sho...

03/31/2015 10:04 AMNintendo squashes browser-based Mario tribute gameWhile Nintendo proper might be willing to let some folk make a Mario game, we're a long way from that extending to free browser-based versions of the company's best-known franchise. As such, that Super Mario 64 HD tribute that popped up last Friday i...

03/31/2015 09:00 AMThe making of Surface 3: Microsoft's little tablet grows upMicrosoft knows there's a lot riding on the Surface 3. And it looks like the company's finally listened to feedback from people who have asked for a little more oomph from these devices. Nearly three years after Surface with Windows RT was born, Micr...

03/31/2015 09:00 AMMicrosoft's new Surface 3 tablet runs full Windows, not RTHow many times have we said that the Surface would be great, if not for its OS? The truth is, the Surface RT and Surface 2 were lovely, well-crafted things, with great screens, solid build quality and long battery life. We just wished they could run ...

03/31/2015 08:34 AMWhatsApp voice calls now work on AndroidIf you've been sitting, wishing and waiting for your Android handset to let you make free data-based calls, then today's your lucky day. Our chums over at Engadget Spanish have discovered that WhatsApp's long-promised voice calling is now available o...

03/31/2015 08:02 AMDARPA wants an army of drones to overwhelm the enemyUS air warfare superiority has always been a constant, but the nation's pricey, complex new fighter jets can't dominate the air if they can't get there. Even the military's science arm, DARPA, said that "US military systems today are often too expens...

03/31/2015 07:55 AMWhere to buy HTC's One M9 in the UKThis year's MWC trade show was unquestionably headlined by mobile heavyweight duo HTC and Samsung. Not only did they both have fresh VR headwear to show off, but they arrived in Barcelona with new Android flagships in hand, too. Samsung's Galaxy S6 a...

Getty Images/Chip Somodevilla Ruth Porat. Last week, Morgan Stanley’s chief financial officer of four years, Ruth Porat, announced she plans to join Google as its new CFO. She’s not the only one leaving Wall Street and heading to Silicon Valley. Goldman Sachs has lost several top people to West Coast tech companies over the past few years, including Anthony Noto and Sarah Friar. Noto took over as Twitter’s CFO, and Friar left for Salesforce and is now the CFO at Square. It’s not just veterans who are making a change; more elite college graduates and MBAs are foregoing pinstripes and moving West. Only 10% of MIT undergraduates went into finance last year, according to a recent New York Times article — a startlingly drop from the 31% who took Wall Street jobs in 2006. “Software companies, meanwhile, hired 28% of graduates in 2014, compared with 10% in 2006,” it reports. Similarly, in 2014 San Francisco and the Bay Area drew slightly more Harvard Business School graduates than New York. Why are so many people headed to the Valley? “Young grads, as a general rule, are going to follow opportunity,” says Scott Rostan, who began his professional career with Merrill Lynch and now teaches investment banking and financial modeling courses at UNC Kenan-Flagler Business School. “If the opportunity for jobs are on Wall Street, they’re going to go that way. If they’re perceived to be in Silicon Valley technology companies, they’re going to go that way.” And while Wall Street may be known for its fat bonuses, tech companies are paying huge sums to attract top people. The Brookings Institution recently released a report showing the top 5% of earners in San Francisco far exceed the top incomes in other major US cities, making at least $423,000 a year. Beyond just economic opportunity, Wall Street may be leaking talent in the aftermath of the 2008 recession, Rostan says. “There still is a perception problem from the financial crisis that Wall Street is a more challenging environment. They still have that dark cloud, whereas a hot technology startup sounds awesome and exciting.“ Justin Sullivan/Getty Many Wall Streeters are trading in suits for hoodies. And for the older set who cut their teeth on Wall Street, Silicon Valley may offer the promise of a healthier lifestyle. Over the past 20 years, Rostan has observed that the Wall Street vets who switch careers are usually making “a lifestyle choice.” “Wall Street right now is under a lot of regulatory scrutiny,” he says, “and there are a lot of pressures on them that are outside of their individual day-to-day control. Going to a high-profile technology company can be more liberating and freeing because you can then be creative instead of reactionary.” Wall Street banks are notorious for their 100-hour weeks and grueling work experiences. While many Silicon Valley startups and established tech companies also require long hours, they maintain a reputation for innovation, creative freedom, and meaningful work. In Google’s announcement that Porat would be joining the company, she said: “Growing up in Silicon Valley, during my time at Morgan Stanley, and as a member of Stanford’s Board, I’ve had the opportunity to experience firsthand how tech companies can help people in their daily lives. I can’t wait to roll up my sleeves and get started.” NOW WATCH: 14 things you didn’t know your iPhone headphones could do Please enable Javascript to watch this video Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.

03/31/2015 11:07 AMSingapore Airlines says not in talks to buy stake in HK Airlines
Singapore Airlines Ltd (SIA) denied on Tuesday a media report that it is in talks to buy a stake in Hong Kong Airlines International Holdings Ltd. "We are not in talks to buy any stake in Hong Kong Airlines," said a spokesman at Singapore's flag carrier. The Wall Street Journal newspaper cited sources as saying that SIA is in talks to buy a minority stake in the Hong Kong-based short-haul carrier as part of an effort to tap into China's booming travel market. There was no immediate response to an email sent to Hong Kong Airlines outside office hours. The WSJ report said negotiations between SIA and Hong Kong Airlines are still at a preliminary stage and the size of the investment has not been finalised.
03/31/2015 10:25 AMMarket uncertainty tempers forecasts for equities' gains this year - Reuters poll

Uncertainty surrounding the timing of the U.S. Federal Reserve's interest rate hike has tempered analysts' forecasts for stock market gains this year, Reuters polls showed on Tuesday. Chinese and most European stocks have led the way with a stellar run, buoyed by stimulus from the People's Bank of China and the European Central Bank. Fund managers and strategists also warned that the prospect of an interest rate rise by the U.S. Federal Reserve this year will create turbulence in global stock markets.

03/31/2015 10:23 AMEurope stock indexes on track for best first quarter in years
European shares fell on Tuesday, taking a breather from their sharp rally of the past three months triggered by the drop in the euro, with Germany's DAX index set to record its biggest first quarter gain since its creation in 1988. As the quarter draws to an end, the DAX is up 22 percent, while the FTSEurofirst 300 index of top European shares is up 16 percent, strongly outpacing Wall Street where the S&P 500 is up 0.8 percent since the start of the year. A survey of around 50 fund managers and strategists conducted in the past week predicted the pan-European STOXX Europe 600 index would rise more than 6 percent from current levels to 425 points by the end of 2015. "The question is whether being a late starter has left the ECB and Europe too far behind and too close to deflation.
03/31/2015 09:49 AMMarket uncertainty tempers forecasts for equities' gains this year

Uncertainty surrounding the timing of the U.S. Federal Reserve's interest rate hike has tempered analysts' forecasts for stock market gains this year, Reuters polls showed on Tuesday. Chinese and most European stocks have led the way with a stellar run, buoyed by stimulus from the People's Bank of China and the European Central Bank. Fund managers and strategists also warned that the prospect of an interest rate rise by the U.S. Federal Reserve this year will create turbulence in global stock markets.

03/31/2015 09:14 AMAmaya posts huge jump in adjusted profit; seeks Nasdaq listing
By Euan Rocha TORONTO (Reuters) - Amaya Inc , which recently acquired online gambling sites PokerStars and Full Tilt, reported a near eight-fold rise in quarterly adjusted earnings on Tuesday, and outlined plans to seek a secondary listing on the Nasdaq. The Montreal-based company said it plans to win new clients and supplement growth from its core poker business through expansion into other areas such as sportsbetting, social gaming and fantasy sports. "We anticipate the launch of sports betting in certain markets in the coming days with an expansion across the network to take place through the first half of 2015," said Amaya Chief Executive David Baazov, in a statement. Amaya said it currently plans to execute on this strategy via both organic development and strategic acquisitions.
03/31/2015 08:15 AMChuck Schumer: 15 Things You Didn’t Know

When Senate Minority Leader Harry Reid surprised Washington last week with the announcement he would retire from the Senate in early 2017 and not seek reelection, one of the first people he told was New York Sen. Chuck Schumer. Reid almost immediately endorsed Schumer, 64, to replace him as key Senate Democratic leader. Sen. Dick Durbin of Illinois, the number-two Senate Democrat, said he wouldn’t stand in the way, and now Sen. Patty Murray, also mentioned as a potential Reid replacement, said she’ll support Schumer for the role. “Sen. Chuck Schumer has spent his entire career carrying water for Wall Street interests,” Becky Bond, political director for the liberal group CREDO Action, told The Los Angeles Times.

03/31/2015 06:58 AMIndian equities end flat after robust opening
Mumbai, March 31 (IANS) After trading in the positive terrain for the bulk of the day on Tuesday, a key Indian stock market index ended flat, with a marginal loss of 18.37 percent or 0.07 percent, as per provisional data. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened above the psychologically-important 28,000-point mark at 28,069.85 points and inched up to the intra-day high of 28,180.64 points -- a gain of over 200 points.
03/31/2015 05:42 AMPhilips sells 80 percent of lighting components unit for $2.8 billion

By Toby Sterling AMSTERDAM (Reuters) - Philips has agreed to sell an 80.1 percent stake in its lighting components division for $2.8 billion to Go Scale Capital, a technology fund that will seek to expand the company's automotive and LED businesses. The deal announced on Tuesday is a prelude to an even bigger strategic move for Philips: spinning off its main lighting division, the world’s largest lighting maker, via a stock market flotation, as the Dutch group focuses on medical technology and selected consumer products. Philips said the deal values the components business, which comprises an automotive lighting unit and the "Lumileds" LED manufacturing business, at $3.3 billion including debt. Go Capital was advised by London-based Zaoui & Co, while Philips was advised by Morgan Stanley.

Philips (PHG.AS) has agreed to sell an 80.1 percent stake in its lighting components division for $2.8 billion (2 billion pounds) to Go Scale Capital, a technology fund that will seek to expand the company's automotive and LED businesses. The deal announced on Tuesday is a prelude to an even bigger strategic move for Philips: spinning off its main lighting division, the world’s largest lighting maker, via a stock market flotation, as the Dutch group focuses on medical technology and selected consumer products. Philips said the deal values the components business, which comprises an automotive lighting unit and the "Lumileds" LED manufacturing business, at $3.3 billion including debt. Go Capital was advised by London-based Zaoui & Co, while Philips was advised by Morgan Stanley.

03/31/2015 05:26 AMKey indian stock index sheds day's gains in minutes
Mumbai, March 31 (IANS) After trading in the positive terrain for the bulk of the day on Tuesday, a key Indian stock market index shed some 310 points in a matter of minutes and was quoting lower than the previous day's quote with an hour to go for the closing bell. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened above the psychologically-important 28,000-point mark at 28,069.85 points and inched up slowly to the day's high so far of 28,180.64 points -- a gain of over 200 points. With less than an hour to go for the closing bell, the day's overall loss for the index was 36.79 points, or -0.13 percent. A similar trend at the National Stock Exchange (NSE) saw the broader 50-share CNX Nifty trading at 8,483.55 points, with a loss of 8.75 points, ot 0.10 percent.
03/31/2015 05:10 AMUAE's Aabar, Arabtec said to eye more Egypt investments

Abu Dhabi investment firm Aabar and UAE construction giant Arabtec are looking to increase their investments in Egypt, the chairman of both entities has reportedly said. "For us [Arabtec], for Aabar, the future is really Egypt," Khadem Abdulla Al Qubaisi, chairman of both Arabtec and Aabar, said in an interview with The Wall Street Journal. Egypt, under President Abdel Fattah Al Sisi, is trying to resurrect its economy and at an economic summit two weeks ago, Gulf states, including the UAE, pledged $12 billion in support of Egypt's government.

03/31/2015 02:58 AMShore Capital profit leaps as IPO market picks up
(Reuters) - British investment banking boutique Shore Capital Group Plc reported a nearly 54 percent rise in full-year profit, helped by resilient equity markets and a flurry of stock market listings in London last year. Guernsey-based Shore, which provides research and corporate broking services, said its pretax profit rose to 8.31 million pounds in the year ended Dec. 31, from 5.4 million pounds a year earlier. Revenue increased 13.4 percent to 40.58 million pounds. ...
03/31/2015 02:43 AMTempleton's Mobius says Greece to stay in euro, shares are cheap
ATHENS (Reuters) - Veteran investor Mark Mobius of Templeton's emerging markets Investment Trust told Greek financial daily Naftemporiki on Tuesday that Greece's stock market was cheap and that the co...
03/30/2015 11:28 PMChina stock rally boost volumes, helps Hong Kong-Shanghai equity link
Trading volumes on a landmark share trading link between mainland China and Hong Kong have surged to a record as Beijing takes further steps to boost cross-border trading flows. Hong Kong's stock market has lagged its mainland peers with a smaller 5.7 percent gain in the same period as concerns about slowing retail sales and the local property market weigh on sentiment. "These steps are significant as they will encourage more onshore mutual funds to step into the Hong Kong markets where better opportunities exist, at least from a valuation perspective in the short term," said a market structure strategist at a European brokerage in Hong Kong. A value over 100 indicates that shares in dual-listed companies are cheaper in Hong Kong than in Shanghai.
03/30/2015 10:39 PMAsian shares follow Wall St rally after China easing
HONG KONG: Asian markets rallied Tuesday, led by Hong Kong and Shanghai after China’s decision to ease mortgage rules fuelled hopes for further stimulus measures, while improved confidence weighed on the safe-haven yen. Traders were given another strong lead from Wall Street, where the three main indexes surged more than one percent, supported by the Chinese move while dealers are awaiting key US jobs data at the end of the week. Hong Kong climbed 1.03 percent, Shanghai gained 0.88 percent Tokyo added 0.65 percent, Seoul put on 0.40 percent and Sydney jumped 1.40 percent after tumbling Monday. Regional investors picked up where their counterparts in New York and Europe left off after the People’s Bank of China on Monday lowered minimum downpayments on second homes from 60-70 percent to 40 percent in a bid to boost the slowing economy.
03/30/2015 09:42 PMAustralia shares rise on broad-based gains
SYDNEY/WELLINGTON, March 31 (Reuters) - Australian shares percent rose 1.4 percent on Tuesday, rebounding after a steep sell-off in the previous session, helped by a positive lead from Wall Street and hopes for further economic stimulus in China. China late on Monday announced steps to ease housing taxes and lending rules to prop up a sliding housing market which is imperilling the world's second largest economy. China is Australia's No. 1 trading partner. Financials led the gains ,with the big banks including Westpac and CBA up over 1 percent.
03/30/2015 04:31 PMCompensation costs down 20 percent in Goldman Sachs European arm
By Anjuli Davies LONDON (Reuters) - Goldman Sachs International, the European arm of the Wall Street bank, saw compensation costs fall 20 percent in 2014 to $3 billion compared to a year earlier, according to its annual report. The number of staff at Goldman Sachs International rose 2 percent to 5,582 compared to 2013, meaning on average each employee was paid around $543,000 in 2014, according to the report posted on the bank's website. Based in New York, Goldman Sachs has let dozens of high-earning partners walk out to make room for more junior employees who earn less. Goldman Sachs paid its top 121 London bankers about 3 million pounds each ($4.44 million) on average last year, far exceeding payouts at other leading banks, data released in December showed.
03/30/2015 04:16 PMAIG Chairman Steve Miller to step down in July: WSJ

(Reuters) - American International Group Inc Chairman Robert "Steve" Miller intends to step down in July after five years in the role, the Wall Street Journal reported. The insurer's directors have not yet decided on a replacement, but the next outside chairman is expected to be a current board member, the Journal said, citing a person familiar with the matter. Miller, a turnaround specialist, joined AIG board in 2009 and became chairman in July 2010, replacing Harvey Golub who resigned after clashing with former chief executive Robert Benmosche over the botched sale of the insurer's Asian life unit. Miller served in a number of corporate restructuring situations, heading auto-parts maker Delphi Corp [DCLC.UL], Bethlehem Steel, Federal-Mogul Holdings Co and Waste Management Inc .

03/30/2015 09:32 AMU.S. coding site GitHub disrupted by cyberattack
U.S. coding site GitHub said it was deflecting most of the traffic from a days-long cyberattack that had caused intermittent outages for the social coding site, with the Wall Street Journal citing China as the source of the attack. "Eighty-seven hours in, our mitigation is deflecting most attack traffic," the GitHub Status account said in a tweet on Sunday. The attackers paralysed the site at times by using distributed denial of service, or DDoS, attacks, a technique commonly used to disrupt websites and computer networks, according to the Wall Street Journal. They pushed massive amounts of traffic to GitHub by redirecting overseas users of the popular Chinese search engine Baidu Inc, according to the Wall Street Journal.
03/30/2015 07:29 AMAsian shares mostly up after Wall St gains

Asian markets mostly rose Monday after Wall Street's gains at the end of last week, while Hong Kong and Shanghai were boosted by hopes for more Chinese economic stimulus.

03/30/2015 06:28 AMARM and Kingfisher help Britain's FTSE to bounce back
Britain's top share index rose on Monday, recovering ground in a broad-based rally after a steep weekly drop, supported by a rise in chip-designer ARM after gains for the tech sector on Wall Street and ...
03/30/2015 04:40 AMU.S. coding site undergoes denial-of-service cyber attack
NEW YORK (Reuters) - U.S. coding site GitHub said on Sunday it was deflecting most of the traffic from a days-long cyber attack that had caused intermittent outages for the social coding site, with the Wall Street Journal citing China as the source of the attack. "Eighty-seven hours in, our mitigation is deflecting most attack traffic," the GitHub Status account said in a tweet. "We're aware of intermittent issues and continue to adapt our response." The attack took the form of a flood of traffic, known as a distributed denial of service, or DDoS, attack. ...